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How to Profit from the Raw Materials Shortage: A Look at the Top Picks—Rio Tinto, Globex Mining and Glencore
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How to Profit from the Raw Materials Shortage: A Look at the Top Picks—Rio Tinto, Globex Mining and Glencore
Rio Tinto: Between the AI Boom and Operational Transformation Rio Tinto delivered a strong first half-year. Revenue rose by 15.5% to USD 31.03 billion, yet still fell short of analyst estimates by just under USD 260 million. The performance in terms of EBITDA and free cash flow was significantly better. Adjusted operating profit rose by 28% to USD 14.8 billion, while free cash flow climbed by 75% to USD 3.8 billion. Overall, the company plans to…
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